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1 Nov 2024 12:18
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  •   Home > News > Business

    Do mortgage advisors need more regulation - alongside a Commerce Commission bid to make it easier to take out a home loan?

    Do mortgage advisors need more regulation - alongside a Commerce Commission bid to make it easier to take out a home loan?


    Discussions at a banking conference centred on concerns brokers don't encourage mortgage rate competition.

    Simplicity CEO, Sam Stubbs, says they provide a valuable service, but commissions are a worry.

    He says the Commerce Commission is concerned brokers may be trying maximise their commission.

    © 2024 Newstalk ZB, NZCity

     Other Business News
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     01 Nov: Progress may be on the way for a long vacant plot of central Wellington land
     01 Nov: Consumers are getting better at keeping up with their payments
     01 Nov: Fresh vegetable prices could go through the roof - if changes to freshwater management go ahead
     31 Oct: Optimism's rising among businesses - largely driven by construction
     31 Oct: Diamonds netball coach Stacey Marinkovich believes the player pipeline to her world champion side is being held up by the influx of internationals playing Super Netball in Australia
     31 Oct: What Labour’s first budget means for wages, taxes, business, the NHS and plans to grow the economy – experts explain
     Top Stories

    RUGBY RUGBY
    Ethan de Groot has been left out of the All Blacks side to play England at Twickenham on Sunday for failing to uphold team standards More...


    BUSINESS BUSINESS
    New Zealand's cruise-ship sector generated just under 1.4-billion dollars in total economic output, during the 2023 to 24 season More...



     Today's News

    Law and Order:
    Charges are being considered for a person - arrested following an indecent assault in South Auckland last week 12:17

    Entertainment:
    Shailene Woodley has "never had a problem with saying no" 11:49

    Business:
    New Zealand's cruise-ship sector generated just under 1.4-billion dollars in total economic output, during the 2023 to 24 season 11:47

    Law and Order:
    Philip Polkinghorne maintains his wife bought the meth found in his Auckland home 11:47

    International:
    Six Australians allege they were sexually assaulted by former Harrods boss Mohamed Al Fayed, as 421 people come forward with allegations 11:27

    Entertainment:
    Teri Garr has died at the age of 79 11:19

    National:
    With Tucker Carlson, Elon Musk and Donald Trump, Republicans’ ‘strict father’ has become the creepy uncle 11:17

    Politics:
    The US presidential election gets the headlines, but Americans will also vote in thousands of down ballot races for everything from judges to tax collectors 11:17

    Entertainment:
    Tom Parker Bowles says his stepfather King Charles is "strong" amid his battle with cancer 10:49

    Business:
    Progress may be on the way for a long vacant plot of central Wellington land 10:47


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